How we will apply N18.5 billion loan - Gov Ortom

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Governor Samuel Ortom of Benue State on Friday pledged that the N18.5 billion naira loan approved for states by the Federal Government through the Central

The Federal Government recently approved a loan facility of N18.5 billion to be disbursed to states with a moratorium of two years and repayment period of 30 years.

According to Ortom, the State Executive Council would meet to deliberate to take appropriate decisions on application of the loan, expressing the hope that the money will add value to the development of the state.

Source: Loan Digest (loandigest.net)

 

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